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"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

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Newstrike Brands Ltd > Fight time who's hitting the canvas

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Post by ConerMcGregor on Oct 16, 2018 1:09pm

Fight time who's hitting the canvas

Leave tomorrow scenario aside. Sell orders mean nothing. Balance sheet what counts. Can they survive a drastic down turn. The company has not maintained a sufficient level of current assets to meet its obligations with the current ration last standing at 0.34x which is below the prudent industry ratio of 3x

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Comment by scottyBoy8 on Oct 16, 2018 1:12pm

Fight time lets argue with a dumb basher that came on stock house yesterday to make an account to purposely bash a stock with nonsense he invented out of thin air .............

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Comment by Ggeeman on Oct 16, 2018 1:17pm

they have roughly 160 mill between cash and assets , clean balance sheet with virtually no debt . SALES matter , so I don't know what the hell your flapping those gums for

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Comment by Hip4Life on Oct 16, 2018 1:15pm

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Comment by BobbieBamble on Oct 16, 2018 1:17pm

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Comment by KantoTerror on Oct 16, 2018 2:00pm

Looking across the whole sector...almost everyone is in the red. This stock was above $.80 3 weeks ago...but remember it was 50 cents before that. When in doubt...put it on sale...Everyone here are mature enough to decide what he wants to do with his stocks..

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Comment by Ggeeman on Oct 16, 2018 2:03pm

that's false ,certain people are not mature enough ! Anyone else notice that prejizz always sides with bashing , but he owns the stock !??!?!! Or that he is trying to fear monger everyone .. C'mon are investors really that dumb that they read one negative article and now they are scared ?

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Comment by Ggeeman on Oct 16, 2018 2:05pm

I forgot to add ...predeath has a half a star ...lol I did not even know it was possible lmao . i guess I learned something new today after all ;)

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Comment by ConerMcGregor on Oct 16, 2018 2:19pm

False ? I wasn't stating a fact but a suggestion but this suggestion could turn into a fact. It's a fact of life. Just like when you were born as soon as your born your dying.

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Comment by KantoTerror on Oct 16, 2018 3:21pm

Well he doesn't represent anyone else but himself. How many do you think owns HIP outside of stockhouse? I don't even understand why everyone is so uptight when HIP doesn't move up. Yesterday we moved by 5 cents. now it dropped by 5 cents...the sector is bleeding red. I don't even expect this to just jump because of legalization....there's so much stuff to consider before this ...more

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